Returning investor Reckitt Benckiser contributed to a bridge round for the e-commerce platform having backed its series A two years ago.
US-based e-commerce services provider Pharmapacks has raised $40m in bridge financing from investors including consumer goods manufacturer Reckitt Benckiser (RB).
Consumer equity and consulting firm Emerson Group, venture capital fund The Craftory, hedge fund manager Straus Group and investment bank Sawaya Capital Partner also took part in the round, while JP Morgan Securities was placement agent.
Pharmapacks runs an e-commerce platform that sells medical, nutrition, cosmetics and household products for emerging brands while handling logistics, fulfilment, sales and marketing and…
